DTE ENERGY COMPANY (DTE) Stock Fundamental Analysis
USA - NYSE:DTE - US2333311072 - Common Stock
137.1 USD
-0.62 (-0.45%)
137.1 USD
0 (0%)
Overall DTE gets a fundamental rating of 3 out of 10. We evaluated DTE against 26 industry peers in the Multi-Utilities industry. While DTE is still in line with the averages on profitability rating, there are concerns on its financial health. DTE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
DTE had positive earnings in the past year.
DTE had a positive operating cash flow in the past year.
In the past 5 years DTE has always been profitable.
In the past 5 years DTE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.66%, DTE is in line with its industry, outperforming 42.31% of the companies in the same industry.
The Return On Equity of DTE (11.37%) is better than 61.54% of its industry peers.
DTE's Return On Invested Capital of 4.19% is fine compared to the rest of the industry. DTE outperforms 61.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DTE is in line with the industry average of 3.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 11.37% | ||
| ROIC | 4.19% |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
1.3 Margins
Looking at the Profit Margin, with a value of 9.32%, DTE is doing worse than 80.77% of the companies in the same industry.
DTE's Profit Margin has improved in the last couple of years.
The Operating Margin of DTE (15.53%) is worse than 96.15% of its industry peers.
In the last couple of years the Operating Margin of DTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.53% | ||
| PM (TTM) | 9.32% | ||
| GM | N/A |
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DTE is destroying value.
The number of shares outstanding for DTE has been increased compared to 1 year ago.
Compared to 5 years ago, DTE has more shares outstanding
The debt/assets ratio for DTE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.02, we must say that DTE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of DTE (1.02) is better than 73.08% of its industry peers.
DTE has a Debt/Equity ratio of 2.03. This is a high value indicating a heavy dependency on external financing.
DTE has a worse Debt to Equity ratio (2.03) than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.02 |
ROIC/WACC0.65
WACC6.48%
2.3 Liquidity
A Current Ratio of 1.15 indicates that DTE should not have too much problems paying its short term obligations.
DTE has a better Current ratio (1.15) than 69.23% of its industry peers.
DTE has a Quick Ratio of 1.15. This is a bad value and indicates that DTE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of DTE (0.68) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
DTE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.96%.
The Earnings Per Share has been growing slightly by 1.63% on average over the past years.
DTE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.39%.
The Revenue has been decreasing by -0.34% on average over the past years.
EPS 1Y (TTM)-0.96%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%1.35%
Revenue 1Y (TTM)19.39%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%21.37%
3.2 Future
DTE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.26% yearly.
DTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.40% yearly.
EPS Next Y6.68%
EPS Next 2Y6.9%
EPS Next 3Y7.2%
EPS Next 5Y7.26%
Revenue Next Year5.58%
Revenue Next 2Y5.03%
Revenue Next 3Y4.79%
Revenue Next 5Y4.4%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
DTE is valuated rather expensively with a Price/Earnings ratio of 18.99.
65.38% of the companies in the same industry are cheaper than DTE, based on the Price/Earnings ratio.
DTE is valuated rather cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 17.56, which indicates a rather expensive current valuation of DTE.
Based on the Price/Forward Earnings ratio, DTE is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, DTE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 17.56 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DTE indicates a slightly more expensive valuation: DTE is more expensive than 65.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.98 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DTE does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.84
PEG (5Y)11.66
EPS Next 2Y6.9%
EPS Next 3Y7.2%
5. Dividend
5.1 Amount
DTE has a Yearly Dividend Yield of 3.25%.
Compared to an average industry Dividend Yield of 3.49, DTE pays a bit more dividend than its industry peers.
DTE's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
5.2 History
The dividend of DTE has a limited annual growth rate of 1.15%.
DTE has been paying a dividend for at least 10 years, so it has a reliable track record.
DTE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.15%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
61.94% of the earnings are spent on dividend by DTE. This is not a sustainable payout ratio.
DTE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP61.94%
EPS Next 2Y6.9%
EPS Next 3Y7.2%
137.1
-0.62 (-0.45%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners80.29%
Inst Owner Change-0.31%
Ins Owners0.35%
Ins Owner Change1.22%
Market Cap28.46B
Revenue(TTM)14.82B
Net Income(TTM)1.38B
Analysts74.78
Price Target151.06 (10.18%)
Short Float %1.93%
Short Ratio4.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
Yearly Dividend3.92
Dividend Growth(5Y)1.15%
DP61.94%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.87%
Min EPS beat(2)-4.01%
Max EPS beat(2)5.75%
EPS beat(4)3
Avg EPS beat(4)2.57%
Min EPS beat(4)-4.01%
Max EPS beat(4)5.75%
EPS beat(8)5
Avg EPS beat(8)4.87%
EPS beat(12)8
Avg EPS beat(12)3.46%
EPS beat(16)11
Avg EPS beat(16)3.88%
Revenue beat(2)2
Avg Revenue beat(2)14.79%
Min Revenue beat(2)7.86%
Max Revenue beat(2)21.72%
Revenue beat(4)4
Avg Revenue beat(4)15.1%
Min Revenue beat(4)2.69%
Max Revenue beat(4)28.14%
Revenue beat(8)5
Avg Revenue beat(8)0.7%
Revenue beat(12)6
Avg Revenue beat(12)-3.1%
Revenue beat(16)10
Avg Revenue beat(16)7.81%
PT rev (1m)3.18%
PT rev (3m)2.98%
EPS NQ rev (1m)-1.2%
EPS NQ rev (3m)-0.37%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)-2.29%
Revenue NQ rev (3m)-4.19%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 17.56 | ||
| P/S | 1.92 | ||
| P/FCF | N/A | ||
| P/OCF | 8.26 | ||
| P/B | 2.34 | ||
| P/tB | 2.85 | ||
| EV/EBITDA | 12.98 |
EPS(TTM)7.22
EY5.27%
EPS(NY)7.81
Fwd EY5.69%
FCF(TTM)-4.18
FCFYN/A
OCF(TTM)16.6
OCFY12.1%
SpS71.4
BVpS58.57
TBVpS48.05
PEG (NY)2.84
PEG (5Y)11.66
Graham Number97.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 11.37% | ||
| ROCE | 4.72% | ||
| ROIC | 4.19% | ||
| ROICexc | 4.2% | ||
| ROICexgc | 4.39% | ||
| OM | 15.53% | ||
| PM (TTM) | 9.32% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
ROICexc(3y)4.42%
ROICexc(5y)4.3%
ROICexgc(3y)4.67%
ROICexgc(5y)4.61%
ROCE(3y)5.1%
ROCE(5y)4.92%
ROICexgc growth 3Y1.26%
ROICexgc growth 5Y-0.35%
ROICexc growth 3Y1.83%
ROICexc growth 5Y1.34%
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.01 | ||
| Cap/Depr | 238.16% | ||
| Cap/Sales | 29.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 1.02 |
F-Score5
WACC6.48%
ROIC/WACC0.65
Cap/Depr(3y)244.33%
Cap/Depr(5y)251.76%
Cap/Sales(3y)28.1%
Cap/Sales(5y)28.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.96%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%1.35%
EPS Next Y6.68%
EPS Next 2Y6.9%
EPS Next 3Y7.2%
EPS Next 5Y7.26%
Revenue 1Y (TTM)19.39%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%21.37%
Revenue Next Year5.58%
Revenue Next 2Y5.03%
Revenue Next 3Y4.79%
Revenue Next 5Y4.4%
EBIT growth 1Y3.79%
EBIT growth 3Y11.52%
EBIT growth 5Y4.18%
EBIT Next Year93.91%
EBIT Next 3Y31.58%
EBIT Next 5Y22.72%
FCF growth 1Y-1.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.18%
OCF growth 3Y5.9%
OCF growth 5Y6.58%
DTE ENERGY COMPANY / DTE FAQ
What is the ChartMill fundamental rating of DTE ENERGY COMPANY (DTE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to DTE.
What is the valuation status for DTE stock?
ChartMill assigns a valuation rating of 1 / 10 to DTE ENERGY COMPANY (DTE). This can be considered as Overvalued.
Can you provide the profitability details for DTE ENERGY COMPANY?
DTE ENERGY COMPANY (DTE) has a profitability rating of 5 / 10.
How financially healthy is DTE ENERGY COMPANY?
The financial health rating of DTE ENERGY COMPANY (DTE) is 2 / 10.
How sustainable is the dividend of DTE ENERGY COMPANY (DTE) stock?
The dividend rating of DTE ENERGY COMPANY (DTE) is 5 / 10 and the dividend payout ratio is 61.94%.